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Contractual damages: Difference between revisions
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{{a|contract|{{subtable|{{loss v damages}}}}}}The measure of [[compensation]] one can expect as a result of another’s [[breach of contract]]. This is generally targeted at putting the claimant in the ''financial'' position it would have been in had the naughty little rabbit performed its obligations up to expectation. Financial, not physical: the common law could not generally insist on performance as such — for that, you need the [[equitable remedy]] of [[specific performance]]. | {{a|contract|{{subtable|{{small|80}}{{loss v damages}}</div>}}}}The measure of [[compensation]] one can expect as a result of another’s [[breach of contract]]. This is generally targeted at putting the claimant in the ''financial'' position it would have been in had the naughty little rabbit performed its obligations up to expectation. Financial, not physical: the common law could not generally insist on performance as such — for that, you need the [[equitable remedy]] of [[specific performance]]. | ||
These ordinary principles apply pragmatically to limit the damages a party must pay to what is reasonable for what that party was responsible. | These ordinary principles apply pragmatically to limit the damages a party must pay to what is reasonable for what that party was responsible. | ||